IVZ 4.05% 7.7¢ invictus energy ltd

IVZ Share Price, page-16463

  1. 1,604 Posts.
    lightbulb Created with Sketch. 655
    I would agree... if the results in the Lower Angwa are positive and no water .... I don't know one exploration manager that would not do the same ... Some have criticised the recent CR, but that gives IVZ the optionality ... assuming the total day rate on the rig is $100,000/day ... that is rig and services... drilling at 100m/day... should be able to reach rig limit or reservoir limit ... If TD is say at 4500m and @ 10% net-gross would add an additional 80m of PAY.

    GO FOR IT ...
 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.